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Mexco Energy FY27 Q1 net income more than doubles to $501,065; revenue rises 13% to $1.98 million

PUBT·08/12/2026 20:47:29
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Mexco Energy FY27 Q1 net income more than doubles to $501,065; revenue rises 13% to $1.98 million
  • Mexco Energy posted net income of USD 501,065 for the quarter ended June 30, 2026, up 107.1% year over year.
  • Revenue rose 13% to USD 1.98 million as oil revenue climbed 29.7% to USD 1.81 million on higher realized prices.
  • Gas revenue dropped 53.5% to USD 166,975, reflecting lower realized prices and volumes.
  • Net cash from operations increased 6.45% to USD 1.45 million, while investing cash outflows widened to USD 2.73 million on higher oil-and-gas property additions.
  • Plans call for 53 horizontal wells in fiscal 2027 at about USD 1.3 million; April-June acquisitions totaled about USD 2.09 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mexco Energy Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-037396), on August 12, 2026, and is solely responsible for the information contained therein.